Shares of energy companies ticked up as traders hedged their bets on the outlook for global trade and military conflicts. President Donald Trump said he was in talks with Russian President Vladimir ...

SUBCY and Saipem's merger is estimated to have a valuation of $4.63 billion. The combined entity will be renamed Saipem7.

Italy's Saipem has agreed to merge with Norwegian rival Subsea 7 in an all-share deal to create a leading global player in ...

Italian energy-services provider Saipem will merge with Norwegian rival Subsea7 in a deal valued at around $4.86 billion, creating a global company focused on drilling, engineering and construction.

Lists in disarray after a volatile session. Wall Street also mixed awaiting Nvidia and Inflation. In Milan, eyes on risk, down Prysmian and Saipem ...

Saipem, an Italian company, has agreed to merge its Norwegian competitor Subsea 7 into a global leader in offshore energy services.

Britain's Wood Group < WG.L> is back in talks to be acquired by Dubai's Sidara, Financial Times reported, sending shares of the oilfield services and engineering firm up over 30%. Saudi Arabia's ...

Investors’ reaction to the proposed merger of Saipem and Subsea 7 has been very subdued — and negative in the case of the ...

The Norwegian Subsea 7 SA and the Italian oil services company Saipem will unite in a deal valued at around $4.63 billion, the company said on Sunday. Following the news, Subsea 7 shares surged over 7 ...

The estimated $4.6bn merger will create an offshore oil and gas EPC and services giant ...

Saipem to merge with Subsea7 in 50-50 deal. Find the latest news from the maritime industry on the PortNews website.

Italian oil services firm Saipem (BIT:SPMI) and Norwegian competitor Subsea 7 (OL:SUBC) are merging in a $4.63 billion deal to form an offshore energy powerhouse. The announcement sent Subsea 7 shares ...